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5.7¢ imugene limited

Will IMU be removed from the ASX200 in June?, page-18

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DarkStar8

391 Posts.

42

02/06/23

08:51

Post #: 68092133
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Originally posted by Steini: ↑

It looks like joining the ASX 200 was the reason for the sp decline explained by the above posters. But maybe it got something to do as well with the unfortunate timing because soon after the inclusion the world-wide interest rises and the dumping of so-called "risk on" stocks began. And maybe again IMU is on the wrong side of the ASX 200 if, when kicked out, the central banks start to lower interest rates.

Anyway, as long as the trials deliver outstanding results and the cash doesn't run out the chance of reaching new highs is not Zero.

Possibly sub 10c tomorrow, the set up of the market depth points towards that.

GLTA

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yep doesnt look good. Speaking with my fund manager mate he said three options will be available now

1. See out the market conditions which will likely take 2-3 years
2. A buyout appears which will only capture a premium if we are lucky of 100%-150%
3. IMU continues to CR in the hope to license / partner this is a very long burn

Either way looks like we are in a bad way for the short term.

IMU Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
9 Upvote

1 Great analysis

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(20min delay)
Last 5.7¢		Change -0.002(3.39%)		Mkt cap ! $418.9M

Open	High	Low	Value	Volume
6.0¢	6.2¢	5.6¢	$1.863M	31.44M

Buyers (Bids)

No.	Vol.	Price($)
3	214965	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	60000	1

View Market Depth

No.	Vol.	Price($)
3	214965	0.057
14	1550875	0.056
26	4138021	0.055
9	1730287	0.054
4	131036	0.053

Price($)	Vol.	No.
0.058	60000	1
0.059	708216	4
0.060	1196314	8
0.061	471000	3
0.062	236412	6

Last trade - 16.10pm 15/07/2024 (20 minute delay)

IMU (ASX) Chart

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